It is no longer fashionable to spend at home. Our friends’ news feeds are no longer full of glazed hams, but rather of sun-kissed bodies in far flung beaches. Christmas is no longer a holiday for the family, but for families to go on a holiday, spreading the love abroad!
Making the Holiday Season YOUR Holiday Season
How do you have a restful Christmas if you are going to travel? After all, its stressful enough to plan where to go, places to stay, who to visit. You don’t want to be that obvious tourist that stands out, wearing an “I LOVE
A lot of people don’t realise this, but being aware of the currency rates of the beautiful locales you are visiting can vastly improve your holiday spirit. By doing so, you can save more than 20% of your travel budget – that’s enough for a better room, a limo ride, or the wonderful sunset dinner you’ve always wanted.
Here’s what you can do to make your holiday as value-for-money and stress-free as possible.
3 Steps to Travelling Smart
i) Research Online
Research online so you know the price of accommodation and travel. Sites like Skyscanner and TripAdvisor will give you a handy idea of what to expect. That way, you won’t get fleeced by the airlines, hotels or the street hawkers. You may have heard of the Big Mac Index which is a good approximation of how pricey a country is. The Big Mac Index essentially compares the cost of a Big Mac Burger across countries as a rule of thumb for the cost of living. Be careful in your spending if the Big Mac Index of your destination is much higher than that in your hometown.
ii) Find the Right Money Changers
Plan ahead and find the right money changers at home so you arrive at your holiday destination with at least some of the local currency. Airports are poor places to exchange money – you pay a huge premium just for the convenience, and often you have little choice but to exchange substantial amounts of money even if you need only enough for the cab fare.
iii) Be Aware of the Currency Markets
The price that most people pay while on holiday is not being aware of currency rates. Does this dress cost the same as at home? When is a good time to exchange money? What is making the US dollar weaker against the Thai Baht? There are so many questions here that can confuse most travellers.
This is where Call Levels is a good tool. It allows you to immediately set price alerts so you can find out when is a good time to buy the currency of choice. Even better, you can also set price alerts on other stocks in your portfolio so you’ll always be notified no matter where you are, so you don’t have to watch the markets and just focus on having a good happy holiday.
Download Call Levels and you can rest assured that you will always be updated with current and actionable information about the financial markets, whenever and wherever.
Travel Smart. Think Call Levels.